Wow Air rescued by Indigo Partners

Indigo Partners LLC and Wow air, the Icelandic airline based in Keflavik (Reykjavik), have agreed in principle for Indigo to invest in Wow. Following successful completion of due diligence, the parties would work to close as soon as practicable. Wow’s CEO and primary shareholder, Skuli Mogensen, would remain a principal investor in Wow upon completion of…

UK and Spanish consumer groups claim that Ryanair is using an algorithm to separate passengers travelling together who refuse to pay extra

The European parliament opened an investigation in June after a Spanish mother was allegedly made to pay 4 euros to sit next to her three year old daughter. In a survey of more than 4,200 people conducted by CAA, travelers most frequently cited being split from their party while traveling on Ryanair, but the airline…

Air France to reduce its A380 fleet

The French flag carrier is to get rid of around 20% to 50% of their “super jumbo” fleet. Two A380s (currently leased) will be returned to their lessor next year with the other three (also leased) returned later. The news was confirmed by Canadian Benjamin Smith, Air France’s newly appointed CEO. Air France finds the…